Vineet Kshirsagar, Chief Strategy Officer of Standex International Corp/DE/ (NYSE:SXI), filed a Form 4 on August 25, 2026, disclosing multiple equity transactions dated August 21 and August 23, 2026, including vesting events, tax-withholding dispositions, and new equity awards under the company's 2018 Omnibus Incentive Plan.

Key Highlights

  • Phantom Stock vesting: 239 Phantom Stock Units vested on August 21, 2026, at 68% actual achievement (range was 0% to 250%) under the 2018 Omnibus Incentive Plan, resulting in 239 shares of Common Stock acquired.
  • Tax-related share dispositions: A total of 189 shares of Common Stock were sold to cover taxes on vesting events at a price of $310.28 per share (disposals of 68, 34, 41, and 46 shares).
  • Restricted Stock Unit vesting: Two RSU tranches of 145 and 161 shares vested on August 21, 2026, under the 2018 Omnibus Incentive Plan, leaving 146 and 322 RSUs remaining, respectively.
  • New Phantom Stock awards: 220 and 401 Phantom Stock Units were acquired on August 23, 2026, both with an exercisable and expiration date of August 23, 2029.
  • New Performance Share Units: 401 Performance Share Units were awarded on August 23, 2026, cliff vesting at the end of a three-year performance period with shares ranging from 0% to 250% of the award based on company performance metrics.
  • New Restricted Stock Units: 401 RSUs were granted on August 23, 2026, vesting one-third per year on each anniversary of the award date.
  • Stock option grant: 2,195 premium-priced stock options were granted on August 23, 2026, with an exercise price of $341.31, vesting 25% per year over four years.

Kshirsagar's August 2026 Equity Activity at Standex International

According to the filing, Vineet Kshirsagar, serving as Chief Strategy Officer of Standex International Corp/DE/, reported a series of non-derivative and derivative security transactions on August 21 and August 23, 2026. On August 21, 239 Phantom Stock Units converted to Common Stock at an actual achievement level of 68%, which the filing notes "could have ranged from 0% to 250% of the award." A separate Phantom Stock tranche of 113 units was disposed of to "accurately reflect the vesting" given that the original grant was at 100% achievement. Following all August 21 transactions, Kshirsagar directly held 5,003 shares of Common Stock.

Also on August 21, 2026, four separate share dispositions totaling 189 shares at $310.28 per share were reported as shares sold to pay taxes on vesting of previously issued restricted stock and/or performance share units, according to the filing. Two RSU tranches of 145 and 161 shares vested on the same date under the 2018 Omnibus Incentive Plan, with 146 and 322 RSUs remaining after the transactions, respectively.

On August 23, 2026, the filing discloses that Kshirsagar received new awards: 220 Phantom Stock Units under the Management Stock Purchase Plan component vesting three years after purchase, 401 Performance Share Units cliff vesting at end of a three-year period, 401 Restricted Stock Units vesting one-third annually, and a premium-priced stock option covering 2,195 shares at an exercise price of $341.31, which the filing describes as "10% above the closing market price on the date of grant," vesting 25% per year over four years.

What Was Disclosed

The Form 4 filed August 25, 2026, covers equity vesting, tax-withholding dispositions, and new award grants for Standex International's Chief Strategy Officer on August 21 and August 23, 2026, all under the company's 2018 Omnibus Incentive Plan.